Let’s Insure Life Insurance

Let’s Insure is a specialist provider of life insurance, accident insurance, income protection insurance and funeral insurance.

Compare Let’s Insure Life Insurance policies

Considering Let’s Insure Life Insurance? See our comparison table below for a snapshot of its current market offerings. Please note that this table has been formulated based on a non-smoker male in a professional occupation who is seeking cover. The results are sorted by estimated monthly premium (lowest to highest).

How much does Let’s Insure Life Insurance cost?

The cost of your life insurance will vary depending on several different factors such as your age, occupation and choice of insurer. You can get a quote for Let’s Insure Life Insurance by comparing direct life insurance on our website. Compare the quoted premiums to the average premiums for direct life insurance on our database.

Eligibility to apply for Let’s Insure Life Insurance

All permanent Australian residents may apply for a Let’s Insure Life Insurance policy, although your age will be a major factor of your eligibility. Upon application, you’ll also be asked some simple questions about your health, lifestyle and family medical history to determine what level of cover Let’s Insure is willing to offer to you.

How to apply for a Let’s Insure Life Insurance policy

If you fit the eligibility criteria, you can apply for Let’s Insure Life Insurance by clicking on a Let’s Insure Life Insurance product in the Canstar direct life insurance comparison tables for your occupation and age, and confirming your choice of policy.

You can apply for a quote by clicking on the link in our comparison tables. If you need help obtaining a quote, call Let’s Insure on 1300 499 499, or get a quote on the Let’s Insure website.

Before you submit a claim, you may need to have some these details on hand:

Your policy information

Information about the incident (date, time, place)

Original birth and death certificate if the incident was fatal

Medical reports, test/examination/laboratory results

What damage occurred during the incident

What other people, vehicles or property were involved in the incident

If your insurance claim is approved, Let’s Insure will arrange the payment of your benefit. If your claim for an income protection benefit is approved, this will involve ongoing payments while you are eligible to continue receiving a benefit, rather than one lump sum payment.

Generally speaking, premiums for forms of life insurance such as term life insurance, TPD insurance or trauma insurance may not be tax deductible, according to ATO (Australian Taxation Office). Ask your tax accountant or financial adviser for more details on this.

The ATO however, states that you can claim the cost of premiums you pay that cover the loss of your income, such as income protection insurance. You can’t, however, claim a deduction for premiums that compensate you for physical injury or are taken out through your super fund. Ask your tax accountant or financial adviser for more details on this.

When you apply for Let’s Insure Life Insurance, your insurance premium is calculated based on your chosen benefits and level of cover, your age, your occupation, your gender, whether you smoke, your health, family history and whether you engage in hazardous activities.

The cost of your policy is recalculated each year on your policy’s anniversary, so your premium may increase for your particular age bracket or your occupation category.

Premium rates are not guaranteed. For more information about stepped premiums versus level premiums, read this article.

At the time of writing, medical tests are not required to apply for Let’s Insure Life Insurance; however, in the event of a claim, Let’s Insure may require additional evidence or do a full review of your medical records.

Once you’ve applied for cover, Let’s Insure will contact you if a medical examination is required throughout the claims process.

After buying a Let’s Insure Life Insurance policy, you can apply to increase the amount of your cover at any time. Your application to increase your cover will be subject to the same eligibility criteria.

You should be able to change your level of cover by adding or removing features or coverage, and by increasing or decreasing your sum insured for each type of cover included in your life insurance policy. If you wish to change your policy inclusions, contact Let’s Insure on 1300 499 499 to discuss your options.

Keep in mind that increasing your level of cover or adding your spouse or children to your policy is likely to mean you pay a higher insurance premium.

It depends on the condition and policy you decide to take out. When applying for Let’s Insure Life Insurance, you must disclose (tell Let’s Insure about) any pre-existing medical conditions you have now or had in the past, as well as current medications and health issues. Find out more about pre-existing conditions for life insurance here.

Let’s Insure is issued by St Andrew’s Life Insurance, which has been protecting Australians since 1998. Its goal is to do everything it can to provide Australians with affordable and easy-to-get insurance options at every stage of life.

Let’s Insure understands that every family is different, and doesn’t have a one-size-fits-all approach. It is also proud to offer outstanding customer service so you can be confident that any questions you may have will be answered in an efficient and understanding manner.

The table below shows some of our best life insurance options available for a non-smoking female aged 30-39 years old, who is working in a white collar occupation group such as a clerk or office administrator. This table is sorted by Star Rating (highest to lowest).

Compare the rest of your options when it comes to term life insurance using our website:

Related

Important Notes: The Star Ratings in this table were awarded in June 2018 and data is as at that date, updated from time to time to reflect product changes notified to us by product issuers. The search results do not include all providers and may not compare all features relevant to you. Read the CANSTAR Direct Life Insurance Star Ratings Methodology. CANSTAR may receive a fee if you acquire a product via the results table. The Star Ratings are researched and awarded by CANSTAR Research without reference to fees received by CANSTAR. See How We Avoid Conflicts of Interests for more information. The rating shown is only one factor to take into account when considering these products. The products and star ratings displayed for each product in the table may not match your specific inputs in the selector. The star ratings displayed are those whose methodology most closely matches your inputs. In some cases, the methodology uses profiles comprising categories or bands eg. income, loan amounts, monthly spend. In other cases, a single methodology (without any categories or bands) is applied. People who seek to replace an existing life insurance policy should consider their circumstances including continuing the existing cover until the replacement policy is issued and cover confirmed.

The Direct Life Insurance Star Ratings in the above tables were awarded in June 2018, and data is as at that date, updated from time to time to reflect product changes notified to us by product issuers. View the Canstar Direct Life Insurance Star Ratings Methodology and Report. The rating shown is only one factor to take into account when considering products.

Direct Life Insurance policies displayed above that are not “Sponsored” are sorted by Star Rating and then alphabetically by company. Canstar may receive a fee for referral of leads from these products. See How We Get Paid for further information. If you decide to apply for Life insurance, you will deal directly with an insurance provider, and not with Canstar.

Consider the provider’s detailed product and pricing information before making a decision to purchase a policy. The products displayed on this page do not include all providers and may not compare all features relevant to you.

Sponsored products are paid advertisements and do not include all providers. Canstar receives a fee for referring you to the advertiser. Canstar is not giving you advice in relation to sponsored products. See How We Get Paid for further information.

This advice is general and has not taken into account your objectives, financial situation or needs. Consider whether this advice is right for you. Consider the product disclosure statement before making a purchase decision. Canstar provides an information service. It is not a credit provider, and in giving you information about credit products Canstar is not making any suggestion or recommendation to you about a particular credit product. Statistics referenced on this page have been verified by Canstar Research. Research provided by Canstar Research AFSL and Australian Credit Licence No. 437917.